For modern people, many temptations have been created in the form of loans, installments, microloans and other programs.
Behind all these convenient names, people do not always notice that they have simply accumulated debts that are dragging them to the bottom of the debt hole.
It is possible to get out of the situation, but nothing will work until a person takes the most important step. Experts told where to start to get out of debt.
Deep in debt
The first thing you need to do is to soberly assess the situation and admit that thoughtless purchases in the form of installments and credit cards have resulted in debt.
And after the consciousness understands the heavy burden of financial obligations, you can begin to eliminate them.
Accounting in everything
Financial illiteracy is expressed in the habit of not taking into account one's expenses. That is, people throw money to the wind and do not even know why they are doing it.
Make a list in which you will need to enter all your debts, then mandatory expenses (utility bills, travel to work, tuition fees, courses, etc.), as well as everyday expenses (food, clothing, etc.).
Get rid of temptations
After this, all that remains is to hide the credit card or installment card.
Then, in the banking application, you need to set up automatic payments for all existing mandatory payments.
Assess what you have left after payments and think about where you can save.
You can immediately give up entertainment, start using public transport, eat at home and prepare lunch for work.
Only by clearly moving towards the set goal can you feel like a free person again.
